Low Harmonic Drives - Global Strategic Business Report

The global market for Low Harmonic Drives was valued at US$12.2 Billion in 2024 and is projected to reach US$14.8 Billion by 2030, growing at a CAGR of 3.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Low Harmonic Drives market.

Low Harmonic Drives - Key Trends and Drivers

Low harmonic drives (LHDs) are advanced electrical devices designed to minimize the harmonic distortion typically introduced by variable frequency drives (VFDs) in power systems. Harmonic distortion, which occurs when non-linear loads distort the sinusoidal waveform of electrical currents, can lead to various operational issues such as overheating of equipment, reduced efficiency, and interference with communication lines. Low harmonic drives address these issues by incorporating active or passive harmonic filters that significantly reduce the harmonic content in the electrical supply. This results in improved power quality, enhanced performance of electrical equipment, and compliance with stringent international standards for harmonic emissions.

Technological advancements have greatly enhanced the functionality and efficiency of low harmonic drives. Modern LHDs utilize state-of-the-art power electronics and sophisticated control algorithms to achieve high levels of harmonic mitigation. Active front-end (AFE) technology, for instance, employs advanced rectifier circuits and pulse-width modulation (PWM) techniques to ensure that the current drawn from the power supply remains as sinusoidal as possible. Additionally, many low harmonic drives now feature integrated monitoring and diagnostic tools that allow operators to continuously assess power quality and drive performance in real-time. These innovations not only improve the reliability and lifespan of the drives but also facilitate predictive maintenance and operational optimization.

The growth in the low harmonic drives market is driven by several factors, including increasing industrial automation, stringent regulatory standards for power quality, and the rising adoption of energy-efficient technologies. As industries continue to automate processes and integrate more sophisticated machinery, the demand for reliable power quality solutions like LHDs is growing. Regulatory bodies worldwide are implementing strict guidelines to limit harmonic distortion in electrical systems, compelling industries to adopt low harmonic drives to comply with these standards. Moreover, the push towards energy efficiency and sustainability is encouraging the adoption of LHDs, as they help reduce energy losses and enhance the performance of industrial equipment. These trends, along with ongoing technological advancements and the expanding application scope of low harmonic drives in various sectors, are expected to drive significant growth in the LHD market in the coming years.

Report Scope

The report analyzes the Low Harmonic Drives market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.

Segments: End-Use (Oil & Gas End-Use, Water & Wastewater Treatment End-Use, Food & Beverage End-Use, Mining End-Use, Other End-Uses).

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Oil & Gas End-Use segment, which is expected to reach US$4.3 Billion by 2030 with a CAGR of a 3.4%. The Water & Wastewater Treatment End-Use segment is also set to grow at 3.4% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $3.3 Billion in 2024, and China, forecasted to grow at an impressive 6.2% CAGR to reach $3.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Low Harmonic Drives Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Low Harmonic Drives Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Low Harmonic Drives Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as ABB Ltd., Comsys AB, Cone Drive, Danfoss A/S, Eaton Corporation PLC and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 51 companies featured in this Low Harmonic Drives market report include:

• ABB Ltd.
• Comsys AB
• Cone Drive
• Danfoss A/S
• Eaton Corporation PLC
• Guangdong Saini Intelligent Equipment Technology Co., Ltd
• OJ Electronics A/S
• Rockwell Automation
• Sango Automation
• Schneider Electric SE
• SmartD Technologies, Inc.
• SPOC Automation Ltd.
• SUBCOE
• Suzhou Veichi Electric Co., Ltd
• Yaskawa America, Inc.

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry